Already a member?

The Implied Analyst 12-Month Target For XWEB

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel , we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the SPDR S&P Internet ETF (Symbol: XWEB), we found that the implied analyst target price for the ETF based upon its underlying holdings is $85.10 per unit.

With XWEB trading at a recent price near $76.34 per unit, that means that analysts see 11.48% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of XWEB's underlying holdings with notable upside to their analyst target prices are Qurate Retail Group Inc - QVC Group Com Ser A (Symbol: QRTEA), Twilio Inc (Symbol: TWLO), and GTT Communications, Inc (Symbol: GTT). Although QRTEA has traded at a recent price of $24.68/share, the average analyst target is 30.67% higher at $32.25/share. Similarly, TWLO has 16.36% upside from the recent share price of $39.21 if the average analyst target price of $45.62/share is reached, and analysts on average are expecting GTT to reach a target price of $56.50/share, which is 13.68% above the recent price of $49.70. Below is a twelve month price history chart comparing the stock performance of QRTEA, TWLO, and GTT:

Below is a summary table of the current analyst target prices discussed above:

Name

Symbol

Recent Price

Avg. Analyst 12-Mo. Target

% Upside to Target

SPDR S&P Internet ETF

XWEB

$76.34

$85.10

11.48%

Qurate Retail Group Inc - QVC Group Com Ser A

QRTEA

$24.68

$32.25

30.67%

Twilio Inc

TWLO

$39.21

$45.62

16.36%

GTT Communications, Inc

GTT

$49.70

$56.50

13.68%

Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research.

Please note that once you make your selection, it will apply to all future visits to NASDAQ.com.
If, at any time, you are interested in reverting to our default settings, please select Default Setting above.

If you have any questions or encounter any issues in changing your default settings, please email isfeedback@nasdaq.com.

CLOSEX

Please confirm your selection:

You have selected to change your default setting for the Quote Search. This will now be your default target page;
unless you change your configuration again, or you delete your
cookies. Are you sure you want to change your settings?

CLOSEX

Please disable your ad blocker (or update your settings to ensure that javascript and cookies are enabled), so that we can continue to provide you with the first-rate market news and data you've come to expect from us.